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R1,899,000
R1,899,000
Monthly Bond Repayment R19,925.37
Calculated over 20 years at 11.25% with no deposit.
Change Assumptions
Monthly Rates
R1,500
R1,500
Great investment!!
Exclusive Mandate
An outstanding investment opportunity for those seeking to capitalize on the student accommodation market! This well-located student house can currently generating a potential monthly income of R35 000, offering both immediate returns and future development possibilities.
This property features seven bedrooms is ideally situated close to universities, transport links, and amenities. With the possibility of converting the double garage into two additional bedrooms and a bathroom, the potential for growth is substantial.
Separate staff quarters with its own toilet for additional rental or staff use
Fully functional kitchen with all necessary amenities, including a separate laundry area for convenience. Carport for extra parking, plus plenty of open parking space for tenants and guests
Garden area and a swimming pool, though currently not in working condition, with potential for renovation and enhancement.
Burglar bars and security gates for safety.
This property offers great investment potential with steady income flow and the possibility for further expansion. Perfect for savvy investors looking to maximize rental returns in a prime location. Don’t miss out on this opportunity, contact me today to schedule a viewing!
Features
Pets Allowed
Yes
Interior
Bedrooms
7
Bathrooms
1.5
Kitchens
1
Reception Rooms
2
Exterior
Garages
2
Carports / Parkings
2
Security
Yes
Pool
Yes
Sizes
Floor Size
242m²
Land Size
1,487m²
Universitas, Bloemfontein
Universitas is a Latin word meaning "the whole of the Universe."
Centrally located in Bloemfontein and widely known since both the Free State University as well as the Universitas Training Hospital is situated in the area.
Popular schools are also found here such as Grey College and Eunice Girls School. Numerous churches, guesthouses and shopping centres are in place to service the residents. The suburb...
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Disclaimer: While every effort will be made to ensure that the information contained within the RealNet Properties website is accurate and up to date, RealNet Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
